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May 17, 2010
05/10
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we are all going to have things that we said brown back at us -- thrown back at us. if you want to spend the next five years finding lib-dems who are disagreeing with others, you'll find lots of them. here is the bigger picture. we are looking at what a bold move like this. can this if it means swallowing some -- what a bold move like this can achieve. if it means swallowing some humble pie, it is worth it. >> do you have some newspapers to spread this around? >> i am from germany. i have a question about your european policy. that you are apparently not up for repatriating what you talked about before. it is that something that the labour and lib-dems are talking about? did you go to germany and learn about the coalition there? >> i talked with chancellor merkel yesterday about european policy and about coalitions, where she is something of an expert. we have reached an agreement on a common position on european policy and it is set out in the document. there are differences in that area. we have not hidden them. we have confronted and resolved them. that is a littl
we are all going to have things that we said brown back at us -- thrown back at us. if you want to spend the next five years finding lib-dems who are disagreeing with others, you'll find lots of them. here is the bigger picture. we are looking at what a bold move like this. can this if it means swallowing some -- what a bold move like this can achieve. if it means swallowing some humble pie, it is worth it. >> do you have some newspapers to spread this around? >> i am from germany....
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May 15, 2010
05/10
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what is given to us is the pursuit of truth. and the truth on to be pursued when this is possible and when this is meaningful. intend to be treated kindly by history, because i intend to it? >> let me tell you a little bit about this. presumption, i know a fair talk about a comparison of churchill and hitler. people think that hitler was a great talker, you know, talking to him. this is actually not true. were true on a certain level. and he did this constantly. so for example, we have hitler's table conversations during the war where he talks to people, his closest associates of bought evidence, written now, that should be taken very carefully because his purpose was to influence people. at the same time, we have two or three hitler statements that i discovered what he says i am a very secretive man. think. nobody will know what i really think. maybe a few on certain occasions, but i keep my now, compared to this, churchill people have criticized him for this. as this is an exaggeration as well as the general said that winston
what is given to us is the pursuit of truth. and the truth on to be pursued when this is possible and when this is meaningful. intend to be treated kindly by history, because i intend to it? >> let me tell you a little bit about this. presumption, i know a fair talk about a comparison of churchill and hitler. people think that hitler was a great talker, you know, talking to him. this is actually not true. were true on a certain level. and he did this constantly. so for example, we have...
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May 17, 2010
05/10
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for free transcripts or to give us your comments about this program, visit us at q-and- a.org. "q&a" programs are also available as c-span podcasts. >> coming up next, there were comments by the new british prime minister. after that, they knew press conference with secretary of state hillary clinton. following that, senator john stone will speak with republican state leaders. tomorrow, lawrence yun from the national association of realtors talks about a decline in foreclosures for the first time in five years. david chavern talks about the efforts to foster job creation turned and george wilson will look at defense spending and what programs may be cut. "washington journal" is live at 7:00 a.m. on c-span. 7:00 a.m. on c-span.
for free transcripts or to give us your comments about this program, visit us at q-and- a.org. "q&a" programs are also available as c-span podcasts. >> coming up next, there were comments by the new british prime minister. after that, they knew press conference with secretary of state hillary clinton. following that, senator john stone will speak with republican state leaders. tomorrow, lawrence yun from the national association of realtors talks about a decline in...
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May 17, 2010
05/10
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. >> give us an example. what was an affront. >> in a society of scarcity, which all traditional ones were, you did not hear about individual initiative. you stated your place and did what you were told because there were so close to the edge in their capacity to produce food. that individual initiative was very dangerous. and then the idea of a traditional economy in which they did not produce things, produced on land that was on by lords and work by tenants and some private farmers, but the government controlled it. they have lost about stalling, and when the crop was then, you could not hold off the market. you cannot sell it to brewers if the government said that they needed it for food. you had to take it to the market on a certain day and sell it. that was a lot of control. now you have private capital going were the owner wants it to go. those are very disruptive things. enhance production is another way. you do not enhance production without assaulting all production and ways of working. >> go back to
. >> give us an example. what was an affront. >> in a society of scarcity, which all traditional ones were, you did not hear about individual initiative. you stated your place and did what you were told because there were so close to the edge in their capacity to produce food. that individual initiative was very dangerous. and then the idea of a traditional economy in which they did not produce things, produced on land that was on by lords and work by tenants and some private...
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May 16, 2010
05/10
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eye 102
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you are here before us today. you will not answer literally or hypothetically or apparently investigate, we have an allegation of a three felony. the congressman says they are felony a u.s. senator has said is true is a crime -- you are not investigating whether it is a false statement by a member of congress or crime about the white use. what are we to do? >> the danger with hypothetical is it does not tell in the totality what a real caseooks like. >> it is not a hypottical when he says he was offered a job by this white house in contradiction to at least three sections of the u.s. code. i as to what you are doing about it. you are not willing to say that it iseing handled by the publicntegrity sector. had he putny attention to following up on the allegation? >> at the we had responded to your letter. >> it could be in the mail. its very close some time. we have not received it. >> i apologize. the premise that you make that there are violations of the statutes, would have to be looked at. >> i am only asking if
you are here before us today. you will not answer literally or hypothetically or apparently investigate, we have an allegation of a three felony. the congressman says they are felony a u.s. senator has said is true is a crime -- you are not investigating whether it is a false statement by a member of congress or crime about the white use. what are we to do? >> the danger with hypothetical is it does not tell in the totality what a real caseooks like. >> it is not a hypottical when...
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May 5, 2010
05/10
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but the important thing for us is that we're in a very good position. we had a good year last year. most of our major brands that we invest behind, five out of six actually grew. we're continuing to invest heavily behind our brands. and consumers feedback to us, again listening to them, that value that, is not just in terms of sales, it's the communication we have with them as well. >> are you particularly vulnerable to changes in commodity prices? >> we hedge, like most big companies, we hedge to keep the volatility down. so we still got some of the larger input prices in our hedging, that's working its way out, i will work its way out the first part of the year and then we should see some benet coming through. >> what kind of things are you could be in terms of expansion of the brands? >> we've done quite a lot of stuff. but certainly coming into this year we've got a new product which will be a home draft product, so it's bringing draft beer into the home. that's based on the fact that if you talk to consumers, about 66% of consumers believe that draft beer is of superior quality
but the important thing for us is that we're in a very good position. we had a good year last year. most of our major brands that we invest behind, five out of six actually grew. we're continuing to invest heavily behind our brands. and consumers feedback to us, again listening to them, that value that, is not just in terms of sales, it's the communication we have with them as well. >> are you particularly vulnerable to changes in commodity prices? >> we hedge, like most big...
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May 21, 2010
05/10
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WJZ
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we're showing no problems anywhere around us. we have blue sky and 86 degrees and 33% humid and a low dew point. what you're seeing around chicago, that's driving the rain to the knot and north east and taking with it a lot of the energy associated with the storms we've expected for this weekend. as much of the activity moves to the north we're seeing less and less of the severe weather and strong showers. we could have showers this weekend through saturday afternoon, and we'll have less activity compared to earlier this week. we'll have the rest coming up. >>> we'll check in on the roads right now. here's sharon. >>> hi, mary, i wish i had better news, but it's not good out there. a lot of accidents and delays. one of the accidents on 83, that was blocking the three right lanes and you're looking at a backup to stephenson and to jfx, that's backed up as well crash in white marsh and ebenezer road and expect closiers there and one at 40 at u.s. 29 and watch for a tractor trailer fire at 96 and that's blocking the lanes there and
we're showing no problems anywhere around us. we have blue sky and 86 degrees and 33% humid and a low dew point. what you're seeing around chicago, that's driving the rain to the knot and north east and taking with it a lot of the energy associated with the storms we've expected for this weekend. as much of the activity moves to the north we're seeing less and less of the severe weather and strong showers. we could have showers this weekend through saturday afternoon, and we'll have less...
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May 2, 2010
05/10
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CSPAN2
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let us use power. it's good for you. in 1776 in this country would turn herself some subjects into citizens. in 1981 we turn from citizens like into consumers. this was not a partisan thing. when the reagan administration targeting to put in this idea of the consumer welfare, a lot of people from democrats and people who believed in his consumer movement said on in. but we have to be -- we should really understand the basic logic of consumers. consumers, this is the basic logic. consumers are served best by lower-priced. lower prices our g3 economies of scale, ergo monopolies are our best friend. to accept this inefficiency argument has always been, and this is true any 18th century, france, the sister in 19 century, this is true in 20 century soviet union. it's always been to accept a straight line to concentrated political power. and in the three decades since that happened, in this country, then market after market. in market after market, trading companies run by wall street, financiers have inserted themselves into
let us use power. it's good for you. in 1776 in this country would turn herself some subjects into citizens. in 1981 we turn from citizens like into consumers. this was not a partisan thing. when the reagan administration targeting to put in this idea of the consumer welfare, a lot of people from democrats and people who believed in his consumer movement said on in. but we have to be -- we should really understand the basic logic of consumers. consumers, this is the basic logic. consumers are...
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May 12, 2010
05/10
by
CNN
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stay with us. says something. yet, the award we value most is the fact that lexus has had more repeat, loyal drivers, in more of the last 10 years, than any other luxury automotive brand. to express our thanks, we're featuring our best values of the year. giving you unprecedented access to lexus. at your lexus dealer. absolutely! i have a lot of stuffiness at night. it wakes me up. i have allergies. ♪ you're right. i'm getting more air. -oh, yeah. -oh, wow! [ female announcer ] for two free samples, go to breatheright.com. - for the better. - we really listen to you. and that helps us recommend a home loan option that's perfect for your needs. - and that's why i love... - i love... i love being a home loan expert. ♪ tdd# 1-800-345-2550 i thought investment firms were there tdd# 1-800-345-2550 to help with my investments. tdd# 1-800-345-2550 so where's that help when i need it? tdd# 1-800-345-2550 if i could change one thing... tdd# 1-800-345-2550 we'd all get a ton of great advice tdd# 1-800-345-2550 just for
stay with us. says something. yet, the award we value most is the fact that lexus has had more repeat, loyal drivers, in more of the last 10 years, than any other luxury automotive brand. to express our thanks, we're featuring our best values of the year. giving you unprecedented access to lexus. at your lexus dealer. absolutely! i have a lot of stuffiness at night. it wakes me up. i have allergies. ♪ you're right. i'm getting more air. -oh, yeah. -oh, wow! [ female announcer ] for two free...
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May 17, 2010
05/10
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CNN
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, lived very close to us. so we saw them a lot. we have the same friends from having grown up in midland -- >> larry: that's nice. >> and all our years of marriage. >> larry: you are high school friends. what do you miss the most about it? the trapings? >> i've been laughing and saying the chef. but i miss the beautiful house. i miss the people that work there. the butlers and the ushers and everyone you get to know really well. also, eight years is a, you know, a long time to live in that beautiful house. i'm happy with my new, private line in dallas. >> larry: by the way, time for another of our top "larry king live's moments. tonight's pick involves presidential appearances. every united states president since nixon has been on our show. take a look back. i like to do presidents, of course. you can't get any higher than that. >> anybody who considers the job of the presidency and doesn't think it's a little daunting probably hasn't been paying attention. >> larry: so smart. he is really smart. the book is s
, lived very close to us. so we saw them a lot. we have the same friends from having grown up in midland -- >> larry: that's nice. >> and all our years of marriage. >> larry: you are high school friends. what do you miss the most about it? the trapings? >> i've been laughing and saying the chef. but i miss the beautiful house. i miss the people that work there. the butlers and the ushers and everyone you get to know really well. also, eight years is a, you know, a long...
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May 12, 2010
05/10
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CNN
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those interest names the bushes use for the grandparents. >> larry: do you still use them? >> yes, i do. >> larry: tell me about the drinking. >> well, george and i lived in midland for the first ten years that we were married. and the life there in west texas had a lot of drinking. drinking was a part of it. our social life was to go out on the weekends, go out on friday night usually with all of our friends to eat mexican food. and the ladies would drink margaritas, and the men would drink beer. and the next night on saturday night we would go to somebody's house for dinner where, you know, we'd barbecue and people would bring hors d'oeuvres or whatever and we would drink. >> larry: you too? >> us too. everyone, women and men did. i really thought that george drank too much, and i would notice it. and you know, it might be funny. i say this in the book, when other people's husbands have too much to drink, but i didn't think it was funny when mine did. >> larry: did you encourage him to get help? >> i encouraged him. i put in the book i didn't use the line "it's jim beam o
those interest names the bushes use for the grandparents. >> larry: do you still use them? >> yes, i do. >> larry: tell me about the drinking. >> well, george and i lived in midland for the first ten years that we were married. and the life there in west texas had a lot of drinking. drinking was a part of it. our social life was to go out on the weekends, go out on friday night usually with all of our friends to eat mexican food. and the ladies would drink margaritas,...
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May 14, 2010
05/10
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CSPAN2
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we have to be able to use our military power. we need to use our military commissions. we need to use our diplomatic pars, economic strength, as well as the federal criminal justice system if we're going to be effective and ultimately win this war. we should not have this tool taken away from us. >> now, tell me, during the bush administration went these 300 or so cases, antiterrorism cases were making their way through federal court, the final disposition, the success rate in those prosecutions was phenomenal, was it not? >> i don't have the exact number, what the numbers in a very high 90% rate. very high '90s percentage rate. >> now, if you could, i have been having trouble with this. if you could tell me what has actually changed from the time that these 300 bush administration cases were prosecuted, to the current time where we, say that the superior courts are inadequate, ill-equipped, and incompetent and unable to do what it has already established a track record of doing. what has changed now, other than the ascent of the current party in power to that position?
we have to be able to use our military power. we need to use our military commissions. we need to use our diplomatic pars, economic strength, as well as the federal criminal justice system if we're going to be effective and ultimately win this war. we should not have this tool taken away from us. >> now, tell me, during the bush administration went these 300 or so cases, antiterrorism cases were making their way through federal court, the final disposition, the success rate in those...
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May 16, 2010
05/10
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CSPAN2
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what's given to us is the pursuit of truth. and truth ought to be pursued when this is possible and when ya? >> didn't churchill say that i intend to be treated kindly by history, because i intend to write it? >> that -- let me tell you a little bit about this. i know -- at the risk of presumption, i know a fair talk about a comparison of churchill and hitler. people think that hitler was a great talker, you know, talk to. and this is actually not true. rather it is true on a certain level. hitler had an uncanny ability to and he did is constantly. so, for example, we have hitler's tables conversation stirred the world where he talks to people, his closest associates about this and this. again, this is evidence, this is written down, that should be taken very carefully because his purpose was to influence people. at the same time we have two or three hitler statements that i discovered when he says i am a very secretive man. nobody will really know what i am thinking. nobody will know what i am maybe a few on certain occasions,
what's given to us is the pursuit of truth. and truth ought to be pursued when this is possible and when ya? >> didn't churchill say that i intend to be treated kindly by history, because i intend to write it? >> that -- let me tell you a little bit about this. i know -- at the risk of presumption, i know a fair talk about a comparison of churchill and hitler. people think that hitler was a great talker, you know, talk to. and this is actually not true. rather it is true on a...
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May 14, 2010
05/10
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eye 169
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you are here before us today. if you will not answer literally or hypothetically or apparently investigate, we have an allegation of a three felony. the congressman says they are felony a u.s. senator has said is true is a crime -- you are not investigating whether it is a false statement by a member of congress or crime about the white house. what are we to do? >> the danger with hypothetical is it does not tell in the totality what a real case looks like. >> it is not a hypothetical when he says he was offered a job by this white housen contradiction to at least three sections of the u.s. code. i as to what you are doing about it. you are not willing to say that it is being handled by the public integrity sector. had he put any attention to following up on the allegation? >> at the we had responded to your letter. >> it could be in the mail. it is very close some time. we have not received it. >> i apologize. the premise that you make that there are violations of the statutes, would have to be looked at. >> i am
you are here before us today. if you will not answer literally or hypothetically or apparently investigate, we have an allegation of a three felony. the congressman says they are felony a u.s. senator has said is true is a crime -- you are not investigating whether it is a false statement by a member of congress or crime about the white house. what are we to do? >> the danger with hypothetical is it does not tell in the totality what a real case looks like. >> it is not a...
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May 4, 2010
05/10
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CNBC
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stay with us, if you would. we're asking the question whether or not a shift in focus in economic data later this week. lou bryant trading strategist with -- rather, loubrien, i should say, trading strategist with drw trading group. sorry about that, luke. >> that's all right. so let's talk about what we're looking forward to at end of this week and that's the big jobs report. how essential is that going to be in terms of the trader's perspective right now? >> well, i think that the jobs number's always very important, and in the next few, maybe even more important than before, simply because we're kind of all anticipating a turn. i think, though, that a shift in focus, which maybe going on today a little bit, is the shift to -- back to the overindebtedness, spain, greece, et cetera. >> but that doesn't stop necessarily. actually you could make the case that that is us, given the amount of debt that we have in the u.s. but in some ways, we're looking better when you can trust us with the european situation right
stay with us, if you would. we're asking the question whether or not a shift in focus in economic data later this week. lou bryant trading strategist with -- rather, loubrien, i should say, trading strategist with drw trading group. sorry about that, luke. >> that's all right. so let's talk about what we're looking forward to at end of this week and that's the big jobs report. how essential is that going to be in terms of the trader's perspective right now? >> well, i think that the...
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May 4, 2010
05/10
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CNBC
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stay with us. later our cnbc all-star panel breaks down on what could happen tomorrow on wall street weap weapon -- >>> foreign exchange moves, currencies a major factor in today's sell-off. let's get back to rick santelli at the cme in chicago for the latest. rick? >> absolutely. the currency market's wild. we'll start out with a quick chart on the yield curve where the tieest for the entire year in terms of the steepness, the difference between tens and twos and to that currency story, you're watching a bit of history. something we haven't seen in a little over 12 months and that of course is the euro on this intraday chart, briefly traded under 1.30. i saw a trade of $1.29.95. now that's a small violation but there's plenty of trading this week and many are paying close attention to some of the sell stops that might be protective below the market in case of a sell-off. will they be trigger? something to pay attention to. now if you want to take a look at what's going on in broader detail just co
stay with us. later our cnbc all-star panel breaks down on what could happen tomorrow on wall street weap weapon -- >>> foreign exchange moves, currencies a major factor in today's sell-off. let's get back to rick santelli at the cme in chicago for the latest. rick? >> absolutely. the currency market's wild. we'll start out with a quick chart on the yield curve where the tieest for the entire year in terms of the steepness, the difference between tens and twos and to that...
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457
May 4, 2010
05/10
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WMPT
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did not allow us to use these dispersants back in the 1960's but they do allow us to use the specific dispersants that we have now within the conditions they are being used because they have been tested to be nontoxic. >> woodruff: you're saying they are not toxic and don't present additional pollution in the water. is that what you are saying? >> they can be marginally toxic in less than 10 meters of water, in certain locations. but even then, if they don't disperse the oil, if they're involved -- if they get mixed up in this chocolate mousse streaks that you see on tv of oil, they will have the effect of making it easier to clean the beach and clean whatever animals, fish, birds that get coated with oil because they are surface-active agents but they are not the toxic agents that michael is talking about. >> woodruff: let me ask you both as we just wrap up with less than a minute, michael gravitz, what are the prospects at this point for minimizing this oil that is continuing to spew out of these leaks at a massive rate every day? >> well, you know, we all hope in the environmental
did not allow us to use these dispersants back in the 1960's but they do allow us to use the specific dispersants that we have now within the conditions they are being used because they have been tested to be nontoxic. >> woodruff: you're saying they are not toxic and don't present additional pollution in the water. is that what you are saying? >> they can be marginally toxic in less than 10 meters of water, in certain locations. but even then, if they don't disperse the oil, if...
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May 5, 2010
05/10
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CNBC
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biggs, thank you for being with us. someone this morning said to mark haines and myself, the courageous thing to do right now would be to go into bonds, because people think that's a terrible place to be. you have even a perhaps more courageous call, and that would be europe. >> erin, with respect and admiration, can i say to you that i never said that anybody should buy europe. what i said was that europe was undervalued and unloved. and it still is undervalued and unloved. and after the last couple of weeks it's probably now oversold. but europe is in the grips of a really serious sovereign debt crisis. >> you said in your column in "newsweek" europe is undervalued and underowned, but you're saying you wouldn't actually buy it? >> no. as i just said, i think that it is getting extremely oversold. and the spanish market has been hammered for the last two days. and so we could have a big rally in europe at any time. but i think europe is -- this sovereign debt crisis as bill gross said has got to play out, and to play o
biggs, thank you for being with us. someone this morning said to mark haines and myself, the courageous thing to do right now would be to go into bonds, because people think that's a terrible place to be. you have even a perhaps more courageous call, and that would be europe. >> erin, with respect and admiration, can i say to you that i never said that anybody should buy europe. what i said was that europe was undervalued and unloved. and it still is undervalued and unloved. and after the...
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May 23, 2010
05/10
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[applause] now, the rest of us, the rest of us must do our part. to do so, we must first recognize that our strength and influence abroad begins with steps we take at home. we must educate our children to compete in an age where knowledge is capital and the marketplace is global. we must develop clean energy that can power a new industries and preserve our planet. we have to pursue science and research that unlocks wonders as unforeseen to us today as the microchip and the surface of the moon were a century ago. american innovation must be the foundation of american power. at no time in human history as a nation of diminished economic vitality maintained its political challenges. that means the civilians among us, the parents, the community leaders, elected officials, business leaders, we have a role to play. we cannot simply leave it to those in uniform to defend this country. we have to make sure that america is building on its strengths. [applause] as we build these economic sources of our strength, the second thing we must do is interpret the c
[applause] now, the rest of us, the rest of us must do our part. to do so, we must first recognize that our strength and influence abroad begins with steps we take at home. we must educate our children to compete in an age where knowledge is capital and the marketplace is global. we must develop clean energy that can power a new industries and preserve our planet. we have to pursue science and research that unlocks wonders as unforeseen to us today as the microchip and the surface of the moon...
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May 6, 2010
05/10
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WETA
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it's 10 minutes i use it. it's with me all the time. >> charlie: how are you different as a novel writer today than you were when you began? >> i've become a really good plotter of a story. i can tell a story very well. >> charlie: what have you learned about that? >> well, that when you reveal a particular piece of information in a story -- >> charlie: right. >> sometimes, it is better to tell the story by just kind of teasing it as you go. my goodness, then you discover 30 pages in or 300 pages in, my goodness, that's what may meant. there is a big example of that in "super" but we can't talk about it. >> charlie: you don't want to give it away. >> there are hints throughout that book that i intentionally dropped in there that i probably wouldn't have if i had written "super" say five books ago. >> charlie: these people like john grisham. >> yeah. >> charlie: always say when you go from chapter to chapter you've got to want them to go sort of to the next chapter. you've got to leave them with great anticipat
it's 10 minutes i use it. it's with me all the time. >> charlie: how are you different as a novel writer today than you were when you began? >> i've become a really good plotter of a story. i can tell a story very well. >> charlie: what have you learned about that? >> well, that when you reveal a particular piece of information in a story -- >> charlie: right. >> sometimes, it is better to tell the story by just kind of teasing it as you go. my goodness, then...
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May 14, 2010
05/10
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CSPAN
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eye 102
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you are here before us today. if you will not answer literally or hypothetically or apparently investigate, we have an allegation of a three felony. the congressman says they are felony a u.s. senator has said is true is a crime -- you are not investigating whether it is a false statement by a member of congress or crime about the white house. what are we to do? >> the danger with hypothetical is it does not tell in the totality what a real case looks like. >> it is not a hypothetical when he says he was offered a job by this white house in contradiction to at least three sections of the u.s. code. i as to what you are doing about it. you are not willing to say that it is being handled by the public integrity sector. had he put any attention to following up on the allegation? >> at the we had responded to your letter. >> it could be in the mail. it is very close some time. we have not received it. >> i apologize. the premise that you make that there are violations of the statutes, would have to be looked at. >> i
you are here before us today. if you will not answer literally or hypothetically or apparently investigate, we have an allegation of a three felony. the congressman says they are felony a u.s. senator has said is true is a crime -- you are not investigating whether it is a false statement by a member of congress or crime about the white house. what are we to do? >> the danger with hypothetical is it does not tell in the totality what a real case looks like. >> it is not a...
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May 4, 2010
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is nasdaq going to lead us down? that's that's an unfair question to you, but is the chatter that it will lead us down having led us up during this great rally? >> it's great point. nasdaq was up some 40 something percent in 2009. it's hit in 2010. a lot of their earnings commentary has been positive, yet technology is a place where investors are taken profits off the table in almost any scenario that gave them a reason to, whether fear or economic concerns. let me take a stab at what bob and rick were talking about. you mentioned spain being put together with greece. i say no, not yet. the problem is it's caused people to move away from risk assets. and you've seen that move into the dollar today and that's one of the reasons why you saw the commodity stocks selloffs go badly. >> let me go to bertha on that. you're last but by far never least. with respect to the strong dollar that several people have already mentioned, what eat sentiment about commodities? how bearish are we going to get on commodities? >> the feel
is nasdaq going to lead us down? that's that's an unfair question to you, but is the chatter that it will lead us down having led us up during this great rally? >> it's great point. nasdaq was up some 40 something percent in 2009. it's hit in 2010. a lot of their earnings commentary has been positive, yet technology is a place where investors are taken profits off the table in almost any scenario that gave them a reason to, whether fear or economic concerns. let me take a stab at what bob...
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May 8, 2010
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it has been used historically since world war ii, and i'm sure even before, but it's been used. menachem begin, king david, it's not grumpier, they assassinated, they assassinated the lord. the algerians come the fln, they blew up things in pairs, they blew up and they blew up cafÉs in algiers. what was the purpose of them? what was the purpose of mandela? what was the purpose of did, and the others? the vietnam war driving of the french. and they were using care. the affiliate and used tear. mandela was blowing up passenger trains. is blowing up the king david hotel one. get out of our country. terrorism is the price of empire. they are over here on 9/11 because we are over there. if we had not been over there, in my judgment, they would not be over your. now we hear all this, i heard mayor bloomberg this morning, i don't know about this, what happened in times square, but they are attacking us for our freedom to they are not sitting out there in case of afghanistan stumbling on the constitution, the bill of rights is a holy smokes, do you realize these americans have freedom
it has been used historically since world war ii, and i'm sure even before, but it's been used. menachem begin, king david, it's not grumpier, they assassinated, they assassinated the lord. the algerians come the fln, they blew up things in pairs, they blew up and they blew up cafÉs in algiers. what was the purpose of them? what was the purpose of mandela? what was the purpose of did, and the others? the vietnam war driving of the french. and they were using care. the affiliate and used tear....
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May 4, 2010
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thanks for joining us. sell-off today sending many traders looking for more defensive names like pfizer and walmart with low p/e dividend paying names. may be your best bet to battle the bear, yes or no? joe, i know you've been in pfizer. >> yep. bought some pfizer. worked out real well. i think those earnings this morning were good. you look at the health care space, you are seeing significant underperformance. i talked last night about -- on the show about being out in california talking to a money manager with north of 1 billion, and they are heavily, heavily weighted right now in the health care space. they say health care retains pricing power, which i agree with. and when you look at allocations to the health care space, right now most folks are underallocated. >> i think scaramucci's been on pfizer. he mentioned that the other day. i would still sort of steer clear of pfizer. i don't think there's tremendous up side. but abbott labs at current levels with valuations and basically drugs coming off pat
thanks for joining us. sell-off today sending many traders looking for more defensive names like pfizer and walmart with low p/e dividend paying names. may be your best bet to battle the bear, yes or no? joe, i know you've been in pfizer. >> yep. bought some pfizer. worked out real well. i think those earnings this morning were good. you look at the health care space, you are seeing significant underperformance. i talked last night about -- on the show about being out in california...
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May 26, 2010
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richardson, as much time as she will use. ms. richardson: first of all, i'd like to acknowledge the co-chairs of our senior task force, ms. janikowski and ms. matsui. the work we've been able to do in this time is amazing, and of course my friend ms. speier for organizing this hour today. seniors are the fastest growing segment of the population. as more and more baby boomers retire, the number of seniors is growing considerably. currently one in every eight people in the united states is an older american. over the next decade, the number of older americans will increase by 36%. that's 5.5 million people. in my district alone, there are over 52,000 seniors. older amerans are living longer and more active lives, but with an older age, longer lives come new challenges for us in congress and state and local governments to meet. we, regardless of our age or generation have a responsibility to look out for our senior americans, just as our children and grandchildren will hopefully do for us one day. last week, i had the pleasure of h
richardson, as much time as she will use. ms. richardson: first of all, i'd like to acknowledge the co-chairs of our senior task force, ms. janikowski and ms. matsui. the work we've been able to do in this time is amazing, and of course my friend ms. speier for organizing this hour today. seniors are the fastest growing segment of the population. as more and more baby boomers retire, the number of seniors is growing considerably. currently one in every eight people in the united states is an...
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May 2, 2010
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mostly using azx. we did so in enough quantity that we were net short and made substantial money in the third quarter, as the subprime market weakened. that remains our position today. that is your tax department presentation. i am sorry -- that was the chief risk officer who said this in an internal presentation to goldman's tax department, to be perfectly accurate. we of already read about the other filing or you talked about -- we have already read about the other filing where you talk about doing very well because you had the big short. and then -- exhibit 45. that is the conference call that you held for the third quarter of 2007. our risk bias from that market was to be short. that net short position was profitable. no hedge there. "profitable because of our short position." here is that conference call. let me continue. what had happened is that you had a meeting with your board of directors. i assume you would have been there. it was march, 2007. exhibit 22. you had made the decision. there wer
mostly using azx. we did so in enough quantity that we were net short and made substantial money in the third quarter, as the subprime market weakened. that remains our position today. that is your tax department presentation. i am sorry -- that was the chief risk officer who said this in an internal presentation to goldman's tax department, to be perfectly accurate. we of already read about the other filing or you talked about -- we have already read about the other filing where you talk about...
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May 12, 2010
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noll use of the u.s. was finally paying attention to that and the factm that the value of the currency was going down other foreign currencies and the relationshipa was going out and the btanks wee having a different time with do their kerry trade in that respect and so in the order to deal with that they had to do te something which i guess is too unload equities? was that an element of what wass coming out at that period of time? >> i don't think we have any cong outty into that and we period of tid that. i think we are focusing on ourit market and leading the sec and cftc across the market effect. >> does anybody else have a thought on that as far as the influence of that as being one of the consequences of their impact of the trade as well?nflo >> we have seen nof evidence ofe that and as i said we are very focused on what happened on the individual markets. >> to the extent you're focused on what's happening in the onur individual markets the chairman was saying before that four days neter we are sti
noll use of the u.s. was finally paying attention to that and the factm that the value of the currency was going down other foreign currencies and the relationshipa was going out and the btanks wee having a different time with do their kerry trade in that respect and so in the order to deal with that they had to do te something which i guess is too unload equities? was that an element of what wass coming out at that period of time? >> i don't think we have any cong outty into that and we...
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May 31, 2010
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host: can you tell us what you did? caller: i worked the code machines in the confidential coatroom. host: you cannot tell us too much. [laughter] caller: it has been too long ago anyway. it has been too long ago to remember much about it, but i worked the machines. guest: when you talk about unsung heroes, you are one of them. thank you for what you have done. host: earl morse, thank you for stopping by today. the website is honorflight.org we have a link on our website. >> tonight, the funding and expanding broadband interborough areas with the former fcc commissioner and director of the rural utilities service on "the communicators." >> on tuesday, the bbookings institution exports current challenges to good governance and ways of strengthening. government. on tuesday night, a debate among the four candidates running for the republican race in south carolina to replace mark sanford. >> anthony kennedy on the prospect of a new justice. >> it is stressful for us. we so admire our colleagues that we wonder if it will ev
host: can you tell us what you did? caller: i worked the code machines in the confidential coatroom. host: you cannot tell us too much. [laughter] caller: it has been too long ago anyway. it has been too long ago to remember much about it, but i worked the machines. guest: when you talk about unsung heroes, you are one of them. thank you for what you have done. host: earl morse, thank you for stopping by today. the website is honorflight.org we have a link on our website. >> tonight, the...
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May 3, 2010
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what they can show us and what they do tell us and what they don't tell us. tell us a little bit more about that . >> most people would be surprised to find out that they're not monitored on a regular basis. in essence they're showing us the history of a place. they're not showing us, if will, preventive looking ahead. they're giving us what occurred. there's no one actually monitor being it on a 24/7 basis. in some ways it's very analogous to what happened after 9/11. we realize we had invest all that money in technology to do all that signal intercept, if you will. there it sat. mountains of that information never analyzed. that's the drudgery being done by both the federal and local officials is going through that to take the information they have now and apply it to the images that you're seeing that were from that period of time. >> brown: do you know how long those cameras have been there? how long has this been going on? >> (laughing) let's see. new york city has about 80-some- odd cameras and there's hundreds of others. there's an initiative actually
what they can show us and what they do tell us and what they don't tell us. tell us a little bit more about that . >> most people would be surprised to find out that they're not monitored on a regular basis. in essence they're showing us the history of a place. they're not showing us, if will, preventive looking ahead. they're giving us what occurred. there's no one actually monitor being it on a 24/7 basis. in some ways it's very analogous to what happened after 9/11. we realize we had...
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May 19, 2010
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this night is about us. it is about you and me and it is not about these outside groups and what they think and who they are. it is about us as our kansas -- as arkansasans the people of arkansas have spoken. we want to control our own destiny and we will. that is right. just one month ago, they said they were writing us off. but tonight we have proved by winning the popular vote that we cannot be written off and we will not be. tonight we began our countdown to victory, folks. that is exactly what we're going to do. i especially thank you. i do want to thank all of you that are here tonight. i also want to thank my opponent for running a respectable and honorable campaign. i also want to congratulate bill halter for earning a position in the upcoming runoff, and i certainly look forward to competing with him over the next three weeks, for the next three weeks are going to prove us right. yes. [applause] and i know that you and your families have been subjected to the same thing that me and my family have be
this night is about us. it is about you and me and it is not about these outside groups and what they think and who they are. it is about us as our kansas -- as arkansasans the people of arkansas have spoken. we want to control our own destiny and we will. that is right. just one month ago, they said they were writing us off. but tonight we have proved by winning the popular vote that we cannot be written off and we will not be. tonight we began our countdown to victory, folks. that is exactly...
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May 8, 2010
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so he called us over. and so pete got nixon's bag and i was with this general and we walked around the course with him. and i don't think nixon and the general knew it, but i was pretty astute at 14 -- i knew who was what. and nixon was making all these comments yelling over to stewart simmington. i knew exactly who these people were. so i met him there. and so he was filling in for dirksen in 1965. and i was having trouble with my publisher. he was filling in for dirksen over in belleville, illinois, a speech where dirksen was ill. and so there's a cocktail party afterwards given by the cartoonist for the globe democrat who was a nixon admirer. he was the herb locke of the midwest. i said don, invite me to your party. i want to meet nixon. he said okay. come on over. and i went over there. this is 1965, december. and so nixon was there. and he brings me in the kitchen and said, how are you, mr. vice president. i've always been an admirer. if you're going to run in 1968 i would like to get aboard early. an
so he called us over. and so pete got nixon's bag and i was with this general and we walked around the course with him. and i don't think nixon and the general knew it, but i was pretty astute at 14 -- i knew who was what. and nixon was making all these comments yelling over to stewart simmington. i knew exactly who these people were. so i met him there. and so he was filling in for dirksen in 1965. and i was having trouble with my publisher. he was filling in for dirksen over in belleville,...
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May 18, 2010
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and you can't use some of the techniques you could use on land. we're learning more about whether b.p. was particularly well-prepared for this or unprepared, but it is clear that the industry as a whole doesn't have the kind of systems in place that b.p. is now trying to develop for this situation. >> we've been drilling for oil very commonly in the gulf of mexico for decades now. are these companies more able to deal with accidents than they were, let's say, in the 1960s? >> well, companies have developed a great deal of technology, and that technology is much better than it was in the 1960s. at the same time, they tackled increasingly challenging reservoirs. what that means is what was routine a few years ago is now -- or rather what was difficult a few years ago is now routine, and what was unheard of a few years ago is now being done on an experimental basis. >> you mentioned everybody is going into deeper and deeper water. by necessity, this is all being done at remote control. human beings can't work at that depth, can they? >> no. that's ri
and you can't use some of the techniques you could use on land. we're learning more about whether b.p. was particularly well-prepared for this or unprepared, but it is clear that the industry as a whole doesn't have the kind of systems in place that b.p. is now trying to develop for this situation. >> we've been drilling for oil very commonly in the gulf of mexico for decades now. are these companies more able to deal with accidents than they were, let's say, in the 1960s? >> well,...
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May 5, 2010
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and joining us now, neal mckinnon, still with us, kirby daley. the greek government has promised comprehensive consolidation. the situation should never be repeated. he talked about financial default would be stability for the system. very strange that he should use those phrases. isn't it? along with the imf and the finish finance minister, third policy mistaker coming to talk about contagion effects. >> it's not a surprise given that national parliament has yet to agree with the eu fiscal package. and i think german parliament heirans will in the nd, i think, give their approval. >> what does it do for market players? he talks about greek default. he's trying to say, look, we want to avoid it. it's not going to happen. but the mere fact that he mentions it -- >> well, for sure. >> is that just a bad way of talking about it? >> maybe. maybe. i think the financial markets understand that greek debt reinstructed temperaturing is on the cards, which is an implicit default. if spain and portugal are next in the firing line, it's a wherewithal to pro
and joining us now, neal mckinnon, still with us, kirby daley. the greek government has promised comprehensive consolidation. the situation should never be repeated. he talked about financial default would be stability for the system. very strange that he should use those phrases. isn't it? along with the imf and the finish finance minister, third policy mistaker coming to talk about contagion effects. >> it's not a surprise given that national parliament has yet to agree with the eu...
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May 11, 2010
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all of us agree. commercial and recreation fishermen could be out of work for months, be forced to deal with fisheries impacts for years, hotel and restaurant owners and others dependent on tourism could see dramatic losses. we are hoping to mitigate that we all agree that's our prime intent. concerns from local residents that the process for responding to claims and providing information to affected entities has left local business owners with lots of unanswered questions. given the severe economic impact that this may bring about what is b.p. doing to ensure that information is provided in a timely and accurate way and that claims are processed as expeditiously as possible and will you commit to immediately monitor the effectiveness of the claims process and take corrective action when problems arise? >> we are very intent on being responsive and expeditious with this. we're expanding the claims centers across the gulf coast. i think we've got eight right now. we've got 21 community outreach centers
all of us agree. commercial and recreation fishermen could be out of work for months, be forced to deal with fisheries impacts for years, hotel and restaurant owners and others dependent on tourism could see dramatic losses. we are hoping to mitigate that we all agree that's our prime intent. concerns from local residents that the process for responding to claims and providing information to affected entities has left local business owners with lots of unanswered questions. given the severe...
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May 20, 2010
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, he should be part of us. we should not disgrace such man because of creed or birthplace or origin. but this is predicated upon this person's becoming in every fat an american and nothing but an american. there can be no divided allegiance here. any man who says he's america but something else also isn't an american at all. we have room but for one flag, the american flag. we have room for but one language here and that is the english language. and we have room but for one sole loyalty and that is a loyalty to the american people. end of quote. that's how we created one great nation from all the nations of the world. the largest gruche immigrants now comes from mexico. a recent study said that during the 20th century when our immigration laws were actually enforced, assimilation worked and it made possible the swift detainment of the american dream from millions of immigrants seeking to escape the conditions of mexico. that is the broader meaning of our nation's motto, for many people, one people, the american
, he should be part of us. we should not disgrace such man because of creed or birthplace or origin. but this is predicated upon this person's becoming in every fat an american and nothing but an american. there can be no divided allegiance here. any man who says he's america but something else also isn't an american at all. we have room but for one flag, the american flag. we have room for but one language here and that is the english language. and we have room but for one sole loyalty and...
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May 28, 2010
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use of representatives.] the speaker pro tempore: on this vote, the yeas are 245, the nays are 171. the second portion of the divided question is adopted. wok, the motion to reconsider is laid on the table. -- without objection, the motion to reconsider is laid on motion to reconsider is laid on the table. the speaker pro tempore: the house will be in order. we will proceed when the house is in order. proceedings will now resume h.r. 5116, which the clerk will report by title. the clerk: a bill to invest in innovation through research and development, to improve the competitiveness of the united states, and for other purposes. the speaker pro tfor what purpose does the gentleman from tennessee seek recognition? >> mr. speaker, pursuant to instructions of the house in the motion to recommit -- the speaker pro tempore: will the gentleman suspend. the house will be in order. the chair will remind members not to traffic in the well. >> pursuant to the instruction, i report the bill back to the house with an amend
use of representatives.] the speaker pro tempore: on this vote, the yeas are 245, the nays are 171. the second portion of the divided question is adopted. wok, the motion to reconsider is laid on the table. -- without objection, the motion to reconsider is laid on motion to reconsider is laid on the table. the speaker pro tempore: the house will be in order. we will proceed when the house is in order. proceedings will now resume h.r. 5116, which the clerk will report by title. the clerk: a bill...
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May 11, 2010
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you can also e-mail us or send us something on twitter. because of this move, the stock market in europe shows signs of growth according to the "wall street journal." does that mean this plan works were will give us the confidence that those financial institutions in europe will see those things? guest: the immediate impact is confidence in what the europeans have done. for the first time, one could say the european governments stayed ahead of the curve and took action to prevent it from spreading. if you notice what happened to the euro, by the end of the day, it was down. whether there is confidence in what europe did remains to be seen. this package creates a moral hazard. does it take pressure off the government's to get their fiscal house in order in the future? now the loans are guaranteed, they denied any pressure for markets to discipline themselves. the other issue is these financial institutions have been bailed out, what does it mean for the future? for these countries to recover, they will be bought. and greece and portugal and
you can also e-mail us or send us something on twitter. because of this move, the stock market in europe shows signs of growth according to the "wall street journal." does that mean this plan works were will give us the confidence that those financial institutions in europe will see those things? guest: the immediate impact is confidence in what the europeans have done. for the first time, one could say the european governments stayed ahead of the curve and took action to prevent it...
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May 9, 2010
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by all means, give us a call and let us know what you think. tell us how this merger is going to work from the announcement that was made to when we will actually see the different -- i believe it will take united's name and continental's logo. when will we see these planes on the tarmac? guest: a year or so down the road, probably two or three. they take a presentation to the department of justice first. they have to approve. it. both airlines shareholders have to approve it as well. large airline integrations are nontrivial projects. it will take three years, even after the department of justice, if they do get approval. it takes awhile to integrate and retain all their planes. we're looking at two to three years down the road. host: what will the department of justice look at? guest: that will look at how this will impact affairs in the united states and globally. their main interest is the united states. they will look at this closely. this is a big airline. it will be a lot different than what we went through on the delta and northwest mer
by all means, give us a call and let us know what you think. tell us how this merger is going to work from the announcement that was made to when we will actually see the different -- i believe it will take united's name and continental's logo. when will we see these planes on the tarmac? guest: a year or so down the road, probably two or three. they take a presentation to the department of justice first. they have to approve. it. both airlines shareholders have to approve it as well. large...
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May 5, 2010
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cio of round earth capital and contributor for us, john kilduff is with us. why the drop? >> everything you've been talking about, the greece situation, the uk election tomorrow, all are the seminole inputs right now for where we're going with prices. you know, to the extent that we see uncertainty, the argument for $90 and $100 crude oil goes out the window because we need economic recovery global tlely maintain itself and continue a pace. this throws a monkey wrench into that. this sends investment dollars flying to one spot, the u.s. dollar, and that dollar index tells the story. it's skyrocketed up. crude oil prices have skyrocketed down. i keep talking about this, though, the one silver lining here for the u.s. consumer, this 20-cent a gallon drop in gasoline price eeferz the last couple days. that should be coming to a pump near you just in time for memorial day. so, there are some hopeful signs there, but it's not really for good reasons, unfortunately. so, that's what i would report to you from down here at the nymex. mark? >> thank you. >>> just ahead, much more o
cio of round earth capital and contributor for us, john kilduff is with us. why the drop? >> everything you've been talking about, the greece situation, the uk election tomorrow, all are the seminole inputs right now for where we're going with prices. you know, to the extent that we see uncertainty, the argument for $90 and $100 crude oil goes out the window because we need economic recovery global tlely maintain itself and continue a pace. this throws a monkey wrench into that. this...
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May 3, 2010
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let us of us encourage advocacy that pointed but not hostile. we reject racist and prejudice, we reject call to violence in our national public discourse in 2010 let us cast american democracy in the best possible light. the first two of -- who have signed this statement are the two directors of political entities within the jewish community. the first one is the ceo of the national jew ibidem great tick council. aye are foreman, and he's here -- ira and he's here in the room. where are you? the second one who signed it, not necessarily in that order is matt brooks, director of the republican jewish coalition. that's the beginning of our effort. thank you. [laughter] [laughter] >> thank you, abe. i know that wade had a bit of a time constraint. if you have questions, there's three microphones here in the room. we may have bunch up. i'm dying for somebody to ask about redistricting. but go ahead. >> hi, michael ross from chicago. i'd like to commend the panel for their civility in today's discussion. we talk a lot about civility. most of what is
let us of us encourage advocacy that pointed but not hostile. we reject racist and prejudice, we reject call to violence in our national public discourse in 2010 let us cast american democracy in the best possible light. the first two of -- who have signed this statement are the two directors of political entities within the jewish community. the first one is the ceo of the national jew ibidem great tick council. aye are foreman, and he's here -- ira and he's here in the room. where are you?...
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May 31, 2010
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of uses. selective enforcement and prosecution of criminal laws in this country against the bad guys, and selective recognition and protection of the freedoms of the good guys. the political elite, and you know who i'm talking about when i say back. they want to pick and choose which laws they enforce and which laws they ignore, who they prosecute or exempt from the law, whose rights they defend and whose rights they deny. in doing so, they directly in danger you, me, and everyone in our country, and here is how -- right now in mexico several global drug cartels are waging war for control of that trade. you have seen the carnage in the news every night when you turn on your tv set. torture, the heading, victims plunge into vats of fuming acid -- torture, the heading -- beheading. it is some nightmare of how war would be waged in hell, but that nightmare is moving north like a knife directly into our protected underbelly. mile by mile, these drug cartel killers are bringing murder, kidnapping,
of uses. selective enforcement and prosecution of criminal laws in this country against the bad guys, and selective recognition and protection of the freedoms of the good guys. the political elite, and you know who i'm talking about when i say back. they want to pick and choose which laws they enforce and which laws they ignore, who they prosecute or exempt from the law, whose rights they defend and whose rights they deny. in doing so, they directly in danger you, me, and everyone in our...
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May 14, 2010
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you use it. that means going in and looking at the actual technology that you have in place. the chinese have cause for concern about that, because it opens up almost their entire economy to external monitoring and verification. in addition to that, you're doing it in the context of a politically inspired -- a politically binding agreement. there was great concern among the chinese that they would be giving away their sovereignty. that is an enormous issue to work on both diplomatically and that the technical level. are there ways to monitor emissions that are not as invasive as the chinese fear them to be? this is a critical set of questions moving forward. two as i mentioned, is the trade issue. i think there needs to be greater understanding of what the border permit system would look like, both in the united states and china. for this comes to an issue that was pointed out awhile ago. we have talked about national and international cooperation between china at the global level. there is an im
you use it. that means going in and looking at the actual technology that you have in place. the chinese have cause for concern about that, because it opens up almost their entire economy to external monitoring and verification. in addition to that, you're doing it in the context of a politically inspired -- a politically binding agreement. there was great concern among the chinese that they would be giving away their sovereignty. that is an enormous issue to work on both diplomatically and...
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that's going to wrap it up for us. thanks for joining us. see you tomorrow. >> cnn "newsroom" with kyra phillips starts right now. >>> and good morning, everybody. i'm kyra phillips. here's what we're working on for you right now. we begin with the one who nearly got away, whisked away from jfk. this guy could be intelligence gold in the wider fight against terror. >>> nashville's nightmare. it just took a weekend to swamp that city. it could take years to recover. >>> and how many times have you given this to your sick kids? you better stop now. >>> we begin with times square and the terror suspect faisal shahzad under arrest and apaperly in a talkative mood. so what is he saying to investigators? federal authorities say the 30-year-old pakistani american has admitted to building the crude concoction single handledly. they say that he claims to have received explosives training at a terrorist camp in pakistan. u.s. attorney eric holder says, "it is clear this was a terrorist plot." pakistani intelligence officials continue to cnn two people
that's going to wrap it up for us. thanks for joining us. see you tomorrow. >> cnn "newsroom" with kyra phillips starts right now. >>> and good morning, everybody. i'm kyra phillips. here's what we're working on for you right now. we begin with the one who nearly got away, whisked away from jfk. this guy could be intelligence gold in the wider fight against terror. >>> nashville's nightmare. it just took a weekend to swamp that city. it could take years to...